first option, it's basically the bank of the banks
Answer:
liability.
Explanation:
A known liability arises from a situation with little uncertainty, with set agreements, contracts, or laws. These liabilities are measurable.
Answer:
The Federal Reserve generally raises interest rates to stop inflation.
Congress attempted to grant this power to the president by the Line Item Veto Act of 1996.
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Explanation:
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The congress of the United States of America has granted certain powers to the president to nullify the part of the bill and that is called line item veto. This can also be termed as partial veto.
The line item veto will give powers to the president to cancel certain provision in the bill and namely budget appropriation bill without vetoing the entire legislative bill.
Supreme Court of America as ruled that it is unconstitutional and it stated that Line Item Veto Act of 1996 has violated the fundamental principle of the presidential clause of the constitution.
